BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Sees Large Decrease in Short Interest

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQTGet Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 8,400 shares, a decrease of 25.7% from the May 15th total of 11,300 shares. Based on an average daily trading volume, of 51,900 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of BlackRock MuniYield Quality Fund II

Several institutional investors and hedge funds have recently bought and sold shares of MQT. UBS Group AG raised its stake in BlackRock MuniYield Quality Fund II by 1.3% during the third quarter. UBS Group AG now owns 261,338 shares of the investment management company’s stock valued at $2,349,000 after buying an additional 3,233 shares in the last quarter. Fiera Capital Corp grew its holdings in shares of BlackRock MuniYield Quality Fund II by 2.1% during the third quarter. Fiera Capital Corp now owns 352,532 shares of the investment management company’s stock valued at $3,169,000 after purchasing an additional 7,396 shares during the last quarter. Mystic Asset Management Inc. grew its holdings in shares of BlackRock MuniYield Quality Fund II by 47.1% during the third quarter. Mystic Asset Management Inc. now owns 53,100 shares of the investment management company’s stock valued at $477,000 after purchasing an additional 17,000 shares during the last quarter. Alpine Global Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund II during the third quarter valued at approximately $200,000. Finally, Saba Capital Management L.P. bought a new position in shares of BlackRock MuniYield Quality Fund II during the third quarter valued at approximately $264,000. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Price Performance

Shares of NYSE MQT traded up $0.02 on Friday, hitting $10.15. The company had a trading volume of 24,548 shares, compared to its average volume of 52,778. BlackRock MuniYield Quality Fund II has a 12-month low of $8.59 and a 12-month high of $10.67. The business has a 50 day moving average of $10.00 and a two-hundred day moving average of $10.23.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a dividend of $0.049 per share. This represents a $0.59 annualized dividend and a yield of 5.79%. The ex-dividend date of this dividend is Friday, June 14th.

About BlackRock MuniYield Quality Fund II

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BlackRock MuniYield Quality Fund II, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc was formed in September 21, 1992 and is domiciled in United States.

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